Selected students will receive Rs 1.5 lakh per year to cover academic expenses such as tuition fees, hostel charges, books, stationery, laptops, internet and transportation.
India's batting coach Sitanshu Kotak lauded the team's productive warm-up victory against Sri Lanka, highlighting strong performances from both batters and bowlers, including Shubman Gill's quick 44 and Devdutt Padikkal's unbeaten 142, which set a positive tone for the upcoming two-match Test series.
Crude oil futures surged over 3 per cent, snapping a three-session losing streak, as renewed military escalation in West Asia revived fears of supply disruptions, driving prices higher on both domestic and international exchanges.
Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.
The Nifty 50 index could rise around 24 per cent from current levels to 32,032 by December 2026 in a bull-case scenario, Kotak Securities said in a recent note. "We value Nifty at a 10 per cent premium (at 22x) to the 10-year average price-to-earnings of 20x on 2027-28 estimated (E) earnings per share (EPS) of Rs 1,456, and arrive at a December 2026 Nifty target of 32,032," the analysts wrote.
Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.
Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.
Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.
Former national selector Saba Karim has called on the BCCI to thoroughly examine the Indian team management's role, including Head Coach Gautam Gambhir and captain Shreyas Iyer, following the back-to-back T20I series defeats against Ireland and England.
India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.
Vikramaditya Chaufla and Sidharth Nandal emerged as top performers at the All India Racketlon Open in Mumbai, securing multiple medals. Chaufla won two golds and a silver, while Nandal bagged two golds, showcasing their prowess in the multi-racket sport.
Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.
Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.
It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.
Smallcap funds give investors access to businesses that can grow much faster than the broader economy.
'Rather than deploying all their money at once, investors should invest gradually.' 'A staggered approach is the better strategy because volatility is likely to persist.'
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
The BCCI will conduct a review meeting after India's T20 series against England concludes on July 19, following poor performances against both England and Ireland, but has stated it will not make any 'knee-jerk' decisions regarding head coach Gautam Gambhir's future.
Gold prices fell by Rs 400 to Rs 1.6 lakh per 10 grams in the national capital on Thursday amid weak global trends and receding expectations of an interest rate cut by the US Federal Reserve.
The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.
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Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
Despite initial pressure from the West Asia conflict, analysts are optimistic about the Indian hospital sector's outlook, citing strong demand drivers and ongoing expansion plans that are expected to fuel significant revenue growth over the next few years.
Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
An FIR has been filed regarding alleged discrepancies related to Fixed Deposit Receipts (FDRs) involving nearly Rs 150 crore of Panchkula Municipal Corporation with a Kotak Mahindra Bank branch, leading to a formal investigation.
Do not exit in panic or buy falling stocks without reassessing fundamentals; instead, build a watchlist and invest gradually with a disciplined, long-term approach.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
Increased input costs due to geopolitical conflict in West Asia and unseasonal rain in March negatively impacted volumes of consumer durables makers, particularly air conditioners, in Q4FY26, leading to projected declines in EBITDA and APAT despite revenue growth.
Gujarat police have arrested eight individuals for their alleged involvement in a cyber fraud network that handled transactions worth over Rs 288 crore. The arrests were made as part of 'Operation Mule Hunt 2.0', targeting organised cyber crime.
The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.
Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.
New investors should enter gradually and with a long horizon. 'Staggered investment through systematic purchase plans is advisable rather than lump-sum buying.'
Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative trading in derivatives, which led to a sharp decline in the stock market.
Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
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